MINNEAPOLIS PIPEFITTERS JOINT JOURNEYMEN & APPRENTICE TRAINING TRUST FUND (EIN 410723876) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1959

Legal Domicile

Principal Officer

BRAD KRAMER

Phone

7635335514

Tax Period

2024-06-01 to 2025-05-31

MINNEAPOLIS PIPEFITTERS JOINT JOURNEYMEN & APPRENTICE TRAINING TRUST FUND, founded in 1959, is a community nonprofit in the Education sector that reported $4.8M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $743K, a strong 15% operating margin.

Mission

TO PROVIDE FOR THE RECRUITMENT AND TRAINING OF PROSPECTIVE JOURNEYMEN AND APPRENTICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $29,879

Program Service Revenue $4,733,440

Investment Income $24,459

Other Revenue $62,149

TOTAL REVENUE $4,849,927

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,514,031

Fundraising Expenses $0

Program Expenses $3,360,491

Other Expenses $1,592,532

TOTAL EXPENSES $4,106,563

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,849,927	$4,206,317	+0.2%
Expenses	$4,106,563	$3,708,201	+0.1%
Net Income	$743,364	$498,116	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRAD KRAMER	MGMT TRUSTEE/CHAIR	1.00	Officer Director	$0	$0	$0
BRIDGETTE NEE	LABOR TRUSTEE/FORMER CO-CHAIR	1.00	Officer Director	$0	$0	$0
CHARLES PYYKKONEN	LABOR TRUSTEE/FORMER	1.00	Director	$0	$0	$0
ED DAHLGREN	MGMT TRUSTEE	1.00	Director	$0	$0	$0
TODD MATHWIG	ALTERNATE LABOR TRUSTEE	1.00	Director	$0	$0	$0
THOMAS HUYNH	LABOR TRUSTEE	1.00	Director	$0	$0	$0
LORI MCGUIRE	MGMT TRUSTEE	1.00	Director	$0	$0	$0
SAM AUGSPURGER	MGMT TRUSTEE	1.00	Director	$0	$0	$0
RAFAEL MORALES	LABOR TRUSTEE/ CO-CHAIR	1.00	Officer Director	$0	$0	$0
MATTHEW MARQUIS	ALTERNATE MGMT TRUSTEE	1.00	Director	$0	$0	$0
CHERI CHRISTENSEN	LABOR TRUSTEE	1.00	Director	$0	$0	$0
CHAD BIRK	TRAINING DIRECTOR/ FORMER	32.00	Highest	$109,195	$83,552	$192,747
DANIEL HOLLAND	TRAINING COORDINATOR	44.00	Highest	$137,782	$92,615	$230,397
MICHAEL JACKSON	INSTRUCTOR	40.00	Highest	$120,029	$82,402	$202,431
TRACY LIIMATTA	INSTRUCTOR	38.00	Highest	$114,871	$75,189	$190,060
THOMAS SCHUMACHER	INSTRUCTOR	37.00	Highest	$111,571	$77,262	$188,833

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$4,849,927	$4,106,563	$16,073,818	$743,364
2024	$4,206,317	$3,708,201	$15,538,017	$498,116
2023	$3,387,096	$3,435,126	$15,268,690	$-48,030
2022	$2,978,967	$3,430,792	$15,538,890	$-451,825
2021	$2,961,429	$3,391,884	$16,185,738	$-430,455
2020	$3,232,579	$2,712,339	$16,815,209	$520,240
2019	$2,581,353	$2,130,507	$16,401,110	$450,846

MINNEAPOLIS PIPEFITTERS JOINT JOURNEYMEN & APPRENTICE TRAINING TRUST FUND